Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that has developed since the 1970s. As one of the international financial centers, the Hong Kong foreign exchange market features active trading, sound regulations, and high market transparency. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker CENTRAL BULLION LIMITED in Hong Kong, China as planned. According to public information, its office address is Room 101, 1/F, Gold and Silver Commercial Building, 12 - 18 Ma Sha Street, Sheung Wan, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, proceeded according to a meticulous plan to the Gold and Silver Commercial Building at 12-18 Mosque Street, Sheung Wan, Hong Kong, China, to conduct a physical verification of the broker CENTRAL BULLION LIMITED which claims to be located at this address.

The inspection personnel successfully arrived at the Gold and Silver Commercial Building. The location is on Mosque Street in Sheung Wan, Hong Kong, with relatively bustling surrounding streets and a strong commercial atmosphere. However, no company logo or relevant information of CENTRAL BULLION LIMITED was found on the exterior of the building.

The inspection personnel entered the building lobby and, after stating their purpose to the security guard, were granted permission to enter.

Upon reaching the target floor, the 1st floor, the inspection personnel found no clear signage for CENTRAL BULLION LIMITED's office area, nor any related security measures. After entering the floor, the inspection personnel searched carefully but found no trace of the company. When inquiring with the front desk staff, the front desk explicitly stated that there is no company named CENTRAL BULLION LIMITED in the building. Since the company's office space does not exist at all, it was impossible to photograph its front desk, and this is not a shared office space.

Through the public areas of the floor, the overall office layout of the entire floor could be seen, but there were no signs belonging to CENTRAL BULLION LIMITED. The overall situation did not match its claimed positioning.

Therefore, after the on-site inspection, it was confirmed that the broker CENTRAL BULLION LIMITED does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker CENTRAL BULLION LIMITED at its publicly displayed business address in Hong Kong, China as planned, but was unable to see information such as the broker's company name at the location, indicating that the broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the final basis for selection.